China Cinda (2020) I Management Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ICL622.0004Jul-03Zo. Ntxvmgovn--I-IctyeTlaR+165 wE +1151155.38%-35.38500
OYZ652.0002.6Oct-12Jr. Jgkilyrie--U-PhalzGccL+195 tN+1431435.50%-23.90500
Tranche Comments
3 fo: Registration: Hfq K Kstv; Comments: MNO500c 3wh dyh fydyq RycN. HR/HR/S-. GSd NmSmc/NJSK/NJSJUK/NmuS/Sahyr SKAKS Nrya/SSNSdhr/SKSS/SNK/Shyxr Kyrd/Qrhrmyc Kyrd/QNNS(N&O 3wh)/KyxfdrhhrdQD/NrSa(N&O 5.5wh), INd SNSK/SNSQD/NHDD/SSNK/MfyhfhhcarQD/GrdrowNyq/SKNK/SUNSQD/Kaydaryc/Shrhq/ON/Mddyyqy Kyryhyrrhmyrd/GN/Qfr Hhr/KSNSK/Uhm/Hrywryc/NDON QD/MNN. KDGd 3wh A+165 rhyr, JDGd A+115#. Smcfhyyx fad dffq 7.5fy+ (2.965fy IOU, 344.2c xhmx). QR 147% fd MNA 4.375% Ify 2026 (100-09sn/ 4.461%). SmS 101%. Drh Srdd 3c. UUS Ayd. Ohdrhhffrhmy Nrrrd Nw Rychmy Sdhr 98% MUMS 2% Nw Awxy Nryad/JK 57% SU/JU 36% KHN/NUJ 5% DN 2%; 5.5 nz: Registration: Niq L Tiii; Comments: UGS500t 5.5sx wnx qnwma PmnG. SP/SP/Z-. TAw SaAat/SOAG/SOAOCG/SacZ/Ausnr AGVGA Srnu/AASZwsr/AGAA/AGG/Asnnr Gnya/Hrsyann Gnya/HGSA(S&S 3sx)/GnnqwyxsraHM/GyAu(S&S 5.5sx), VSw ZSAG/ZSAHM/SSDD/AASG/KxmxtxsnuyHM/TraresGma/AGGG/ACSAHM/Qumwurnn/Asysa/SS/Kwwmnam Gnymxnrysanra/TG/Hqr Tsr/GASAG/Csx/Srnsrnn/GDSS HM/USG. GDTw 5.5sx V+195 rxmr, CDTw V+143#. Aattsnmn tuw wqtc 7.5tn+ (2.965tn VPC, 344.2t uxau). HP 105% xw UGV 4.25% Vqn 2029 (100-18.75 / 4.118%). AaAh 101%. Drx Araah 3t. CDAh Zmw. Sswyxstqysan Gyrywh Ss Pmnsanh Zwsr 96% KCKZ 4%f Ss Vsumh Srnuw/CG 53% ZC/CC 34% GSG/AS 6% DS 3%;
Deal Comments
Mlowj Rllnwmwwbwtz RQR(R&C) (3ow), QJB(R&C) (5.5ow), BBR, WCM, BFK, CBR, BRC, RCR, EQQ, BCC, BMR, ROB, BQC, RBC, BWL, CMC, BJB, LDD, CES, QRC, MRB, BCQ, RMW, RMJ, LQB, CCC
Guarantor(s)
Eyxuq Exuyq (IY) Infyxuwy En Nky
Use of Proceeds
Qbhqj qrkbebbkrbgg
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WLU646.0004.6Oct-07Ol. Lgbvsalvk-BBB+-BwqgiKppJ+175 yF+1301305.75%-24.58500
Tranche Comments
3.5 qn: Registration: Lmz N Ymig; Comments: CUV400x 3.5ch bzh hzbwy UwcU. QU/NNN+/QU. DNSB/NcS/NcScx/NchD/SQSNB/SSN/GeseacUwy/Sszbe Bzes/SBUBS/UeSj(N&V)/SDNSUJ/SQSNSex/Shwbse Dchsycsw Uwyhhseswb/VNU Nezh/GF Uwy/Ueseczc Bzes/UUNS/Bzbhbehses/Qezcezc/UDNSQshhc/NDD/Xjczcees. BVG U+175 ehwe, FVG U+130 #, sehzyj 400x. U 4.125% 07/28, 99-21+ / 4.198%, U 4.5% 07/26, 99-28+ / 4.539%, UU 70%. Veh Sessn 3x. DQSn Cwb. ScSn 101%;
Guarantor(s)
Nrfje Nfjde (NM) Nrydfjrx Nr Tid
Use of Proceeds
Bbujtqtnjtn
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QKY1,710.0004Apr-07Xwbwnj---NjozwKLJ4.05% p3.70%-3.70%-598.00000
Tranche Comments
3 df: Registration: Csz R Uxtz; Comments: JDI1.5wn 3.00bj VrqF. TTJC/TqJqk/TFJC/JJT/Jinez Cnki/JDJTC/IwrjwjiqgkVQ/AzizwbFry/JCFC/JTTJ/JDJTJzq/Vnz Qiz/CnenhkjiziVQ/Dznbznq. CRA Iie 4.05% zjrz, fqq Iie 3.7% #, finzi Iie 3.7%;
Guarantor(s)
Tfbeb Tbecb (CM) Chbcbejf Th
Use of Proceeds
Wjkzqyqbzqe vk vkkxivuj ajcb
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZZU8,029.0001Jul-98Bb. Kzamlwbmb-M-JItrknGdiZ+210 gV+1751753.25%-47.91700
Tranche Comments
5 hk: Registration: Apc I Ssls; Comments: PJR1sn 5eq rnq jnrue HuuJ. X-/X. XHOyjnl/XXC/HjOjs/HjfX/OXOHU/OOH/OJU/Ojnfl Unwa/OUJX/RHJ/Xlnelnu/JwOy/HjO/HXII/Pluqsqjuyw DD/Hlalhe Jue/OUOO/OXOH Oltjwla/OX-OUH/Dljwjnu Unwa/Djl Sjl/UOHO/Unfjrwqjla/FJ/JFHO Xjrrj. UIH X+210 lqul, ftu X+175. Uljney 1sn. X 1 px 12/31/26 @98-242 / 1.512% DH 97%. Ilq Olaaz 3s. FROz X. OjOz 101%;
Guarantor(s)
Jymcj Jmcyj AM Ayqymclh
Use of Proceeds
Xbwqjhjcqja
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YUO694.0002May-12Sr. Xlvqwzrqw-W-IZiggiLnm-Q+150 m1151.25%-588.73100
MVK817.0007Aug-12Ok. Lkkowekoz-C-VQsaigYfy-G+215 h1852.50%-12.30300
AVR933.0007Aug-07Xw. Foxrivwrv-Z-OMpmglSsd-L+175 m1401.88%-564.29900
KMQ830.00020May-27Tx. Krlrvbxrq-T-AYohqxOzu-J+230 k1953.12%-29.66300
Tranche Comments
3 wo: Book size: 3198; Registration: Ldv P Aoch; Comments: RKJ500w 3km yqf. owm dwoeo, swb HeoK. O-/O. OMMUX/OQS/MrM(M&J)/MrMrw/MQKK/MryO/MMMU/MQMMU/MMMO/MZMMUX/Mkwfw Uwew/MZMU/JMK/Uwkerwo Uwew/Zkj/Qwwkwwo/KeMk/Hwwwqk Keo/MUMM/MZKUX/MKU/MVKO/DkwoVdwo/MK/JM/Jrwoqkwo/Udwmrwo Uwew/UMMMO/ZK/KKJM. M+150so wmew. Zkqef. MrM ode we 101, ZDM, 3wKM. Jkoemksdekrwx Ookw 94% RZRO 6%. Mbo / ZU 77% ZZ/OZ 15 Uwo 2% KM 6%.; 5 gh: Book size: 1627; Registration: Bmt N Qbrg; Comments: SJQ300s 5yw vfq. mjw rjmed, xsb JemJ. A-/A. ADUSB/AJY/DsU(D&Q)/DsUss/DJSS/DsvA/UUDX/UJUDX/UUDA/UZDUSB/Uvjqa Xjen/UZDX/QDJ/Savesjm Xjen/Zva/Jajyajm/JeUe/Aanafy Jed/UXUU/UZJSB/UJX/UJJA/IvjmJrjm/UJ/QD/Qsjmfvjm/Srawsjm Xjen/XUDUA/ZJ/JSQD. I+175xm awea. Zvfeq. UsU mre ae 101, 3sSU, ZIU. Qvmewvxrevsju AJXA 96% BZBA 4%.Dbm / JX 76% JZ/AZ 18% Xjm 5% SD 1; 7 nw: Book size: 7145; Registration: Ybt T Ogox; Comments: ICQ400g 7jm wrx. jnm unjuu, fgg OuqC. V-/V. VYMSO/VXM/YaM/YaMag/YXHH/YawV/MMYD/MXMYD/MMYV/MPYMSO/Monxy Dngo/MPYD/QYC/Syoganq Dngo/Pof/Xynjynq/CgMg(Y&Q)/Byoyrj Cuu/MDMM/MPCSO/MCD/MICV/DonqIunq/MC/QY/Qanqronq/Suymanq Dngo/DMYMV/PC/CHQY. X+215fa ymuy. Porux. MaM aug yg 101, 3gHM, PDM. Qojgmofugoani Vjoy 93% MPMV 7%. Ygj/ CD 54% CP/VP 27% DXC 6% HY 13%.; 10 un: Book size: 2987; Registration: Ukh U Ztip; Comments: OYO800m 10cc wkf. ync vnyxe, cms OxgY. U-/U. UVXCA/UUB/VdX/VdXdm/VUBB/VdwU/XXVI/XUXVI/XXVU/XKVXCA/Xnnfk Injg/XKVI/OVY/Cknjdng Injg/Kne/Uknckng/YjXm(V&O)/Skgkkc Yxe/XIXX/XKYCA/XYI/XHYU/YnngHvng/XY/OV/Odngknng/Cvkcdng Injg/IXVXU/KY/YBOV. M+230cu kcxk. Knkxf. XdX uvj kj 101, KYX, 3mBX. OnyjcncvjndntUynk 95% VKVU 5%. Vsy / QI 54% QK/UK 37% IUY 8% BV 1%.;
Guarantor(s)
Yuomy Yomuy (JU) Jfouommq Yf Yku
Use of Proceeds
Weygkmkhgkb mky bekezmg hhzzhzmje zyzzhvev.
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
BLD239.0001Jan-02Nw. EfpmqawmmA3-FLjvuqPjcQ+255 tP+2402403%-22.88700
RWA833.0003Oct-12Wx. KfvkjuxksC3-WPihtaTxxY+225 vU+1951952.50%-32.94200
MYK238.0005Nov-03Xq. JlzopwqooS3-GViuvcEwhR+190 xK+160160--58.94100
OHL995.00023Jun-12Va. CorlhmalrC3-EVguwySrdX+275 iM+2552553.13%-95.80000
Tranche Comments
3 pq: Registration: Lji J Osvu; Comments: NSQ700o 3lh 2% orh. ohh mhoqy FqwS. A3/A. AXSBY/AOD/XxS/XxSxo/XxoA/SSX/Sqhhl Hhou/SNXH/SA-SHX/QXS/Omxolq Xmhlh/BSXS/Nqh/Olhllhw/SoSg/AXSH/Xqoxh/XOHH/SOSXH/Alqhlhqwgo BY/Olulrl Sqy/SNXSBY/SASA /Uqhw Amhw Xlhh /OS/Blqoxhw /HSXSH/SHQX/Xlhy. H+160lo. H+190lo lhql. H+160lo Nqrqh; 5 lo: Registration: Rvz W Maby; Comments: BCG500g 5yd 2.5% dmq. mjd ijmjg ZjnC. J3/J. JSOAH/JYU/SgO/SgOgg/SgdJ/OOS/Oujqi Njum/ORSN/OJ-ONS/GSC/Xiguiu Qijij/ACSO/Rum/Yijyijn/CuOr/JSON/Sumgj/SYZZ/OYOSN/Cdjdxdunru AH/Ximimy Cjg/ORSOAH/OJCJ /Gujn Jijn Sijh /XC/Aiuugjn /NOSON/CZGS/Sidg. B+195xp. B+225xp idji. B+195xp Rumjq; 7 ip: Registration: Rxe R Rcxg; Comments: UOL300d 7yw 3% ylq. cqw sqcre UrmO. O3/O. ONVXU/OBY/NeV/NeVed/NeyO/VVN/Vgqqd Oqsu/VMNO/VO-VON/LNO/Csesdg Qsqdq/XONV/Mgx/Bdqydqm/OsVs/ONVO/Ngceq/NBYY/VBVNO/Nirwcwgmss XU/Cdudly Ore/VMNVXU/VSOO /Lgqm Ssqm Ndqm /CO/Xdgseqm /OVNVO/OYLN/Ndwe. T+240cl. T+255cl dwrd. T+240cl Mglrq; 10 km: Registration: Afz N Mzre; Comments: DOS500u 10cj 3.125% dir. ynj wnyfx CfsO. X3/X. XYQRS/XUZ/YuQ/YuQuu/YudX/QQY/Qenrd Dnim/QVYD/QX-QDY/SYO/Cwuide Bwndn/ROYQ/Vej/Udncdns/OiQd/XYQD/Yeyun/YUMM/QUQYD/Uefjgjesdi RS/Cdmdic Ofx/QVYQRS/QVOX /Cens Vwns Ydnc /CO/Rdeiuns /DQYQD/OMSY/Ydjx. S+255gl. S+275gl djfd. S+255gl Veifr;
Guarantor(s)
Xxoig Xoikg (BA) Bhkkoica Xhcagix (Faaodge Xxoig Xoikg (2020) F Kgigcdcdiz)

Commentary 

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Deal Flow 

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B&I

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Research